New York is Feeling Equally Restricted as Others Across the Nation

New York small businesses surveyed are feeling about as equally restricted as other businesses across the country: 58% of New York small businesses and businesses surveyed nationally feel their growth opportunities are restricted, and 49% feel their ability to hire is restricted, compared to 50% nationally

New York small businesses are seeking financing below the national average (25% v. 32%) and have been receiving loans at a lower rate than the national average (23% compared to 38%), which is 20% lower than three months ago